NOT LISTED FOR SALE

2150 Aragon Trail Unit 22 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $111,435

10.12 Acres
$11,011 Price per Acre
440,827 Sq Ft Lot

Last Sold January 29, 2020

Last sale price $65,000

Est. 71% increase in value since last sale

Current estimated payment $662/month

66 Days on Market

About This Lot

As of January 2020

10.12 acres in a beautiful setting, located on the northeast side of Lake James, just at the base of Shortoff Mountain. As the name suggests, Wilderness Edge is an exceptionally serene, scenic, and secluded neighborhood that accesses Linville Gorge National Wildlife Area and adjacent to Pisgah National Forest. Lot #22 is one of the first lots you will come to as you pass through the gate. This property sits higher than most, so once a view corridor is cut out, you will have some of the most amazing Lake James and Mountain Views! An HOA maintained gravel road has been cut into the property allowing easy access to multiple homesites. Build your own or create a family compound! A 3 BR septic permit has been issued. Power and telephone are in place. Well and Septic needed. Horses allowed. Hunt deer, turkey, and bear on your own property or in the Gorge. Hike and climb Shortoff Mountain or run and bike on the new Fonta Flora/FF Connector TR nearby.

Last Agent to Sell the Property

Lauren Peach

Engel & Volkers Foothills Lake James License #287740 Listed on: 10/19/2019

Last Buyer's Agent

Tony Colella

Western Piedmont Real Estate, LLC License #279192

Property Details

Property Type

  • Land

HOA Fees

  • $32 Monthly HOA Fees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1746551809

Community Details

Overview

  • Jim Herrington HOA President Association

Security

  • Gated Community

Property Details

Property Type

Land

HOA Fees

$32 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.94203
  • Ratio Close Price By Original Li: 0.94203
  • Ratio Current Price By Acre: 6422.92
  • Restrictions: Modular Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Construction Type: Off Frame Modular, On Frame Modular, Site Built

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 384.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Jim Herrington HOA President
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Rolling, Views, Winter View, Year Round View
  • Parcel Number: 1746551809
  • Zoning Specification: CD-L
  • Plat Reference Section Pages: 28/147-152

Tax Info

  • Tax Value: 62799.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2019
Closed on
Jan 20, 2020
Sold by
Bagwell Willard R and Bagwell Pamela
Bought by
Herr Rosemary and Solnes Nicole Lorinda Herr
Seller's Agent
Lauren Peach
Engel & Volkers Foothills Lake James
Buyer's Agent
Tony Colella
Western Piedmont Real Estate, LLC
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%
Current Estimated Value
$111,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,435
Avg. Annual Appreciation
9.13%
Original Mortgage
$47,099
Outstanding Balance
$37,069
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$74,366

Purchase Details

Closed on
Oct 5, 2007
Sold by
Ball Stephen Jeffery and Ball Judy Patricia
Bought by
Bagwell Willard Ray and Bagwell Pamela Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.49%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herr Rosemary $65,000 None Available
Bagwell Willard Ray $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herr Rosemary $47,099
Previous Owner Bagwell Willard Ray $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2020 01/29/20 Sold $65,000 -5.8% --
12/24/2019 12/24/19 Pending -- -- --
10/19/2019 10/19/19 For Sale $69,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $414 $65,164 $62,799 $2,365
2024 $417 $65,164 $62,799 $2,365
2023 $417 $65,164 $62,799 $2,365
2022 $506 $65,287 $62,799 $2,488
2021 $506 $65,287 $62,799 $2,488
2019 $487 $62,799 $62,799 $0
2018 $682 $87,999 $87,999 $0
2017 $682 $87,999 $87,999 $0
2016 $669 $87,999 $87,999 $0
2015 $669 $87,999 $87,999 $0
2014 $669 $87,999 $87,999 $0
2013 $669 $87,999 $87,999 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3561163

Canopy MLS (Canopy Realtor® Association)

APN: 58903

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